Some features of competitive market are:
- It creates lively trading conditions in seasonal marketplaces so the prevailing price stays close to the demand for goods at that time.
- It presents comparable choices in festival marketplaces so shoppers move between stalls without hesitation when considering price differences.
- It displays transparent rate boards in wholesale markets so merchants select buying points confidently as daily prices shift.
- It keeps trading highly competitive during festive rush hours so every counter follows the rate already recognized across the market.
- It spreads production across numerous workshops during festival seasons so fresh stock appears quickly whenever shoppers fill the lanes.
You might also like characteristics of competitive market so learn more about it.